Products & Services · Claim reserves

Structured Settlement Annuity And Life Insurance — Claim reserves

General Electric Structured Settlement Annuity And Life Insurance — Claim reserves increased by 8.1% to $254.00M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 1.6%, from $258.00M to $254.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2022

How to read this metric

An increase may signal higher claim frequency or severity, while a decrease could suggest improved claims management or a reduction in the volume of outstanding liabilities.

Detailed definition

This represents the estimated liability for claims that have been reported but not yet paid, as well as claims that have...

Peer comparison

Common across property, casualty, and life insurers; peers typically report this as 'Claims Reserves' or 'Loss Reserves'.

Metric ID: ge_segment_structured_settlement_annuities_life_claim_reserves

Historical Data

7 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22
Value$270.00M$265.00M$258.00M$267.00M$257.00M$235.00M$254.00M
QoQ Change-1.9%-2.6%+3.5%-3.7%-8.6%+8.1%
YoY Change-4.8%-11.3%-1.6%
Range$235.00M$270.00M
CAGR-4.0%
Avg YoY Growth-5.9%
Median YoY Growth-4.8%

Frequently Asked Questions

What is General Electric's structured settlement annuity and life insurance — claim reserves?
General Electric (GE) reported structured settlement annuity and life insurance — claim reserves of $254.00M in Q4 2022.
How has General Electric's structured settlement annuity and life insurance — claim reserves changed year-over-year?
General Electric's structured settlement annuity and life insurance — claim reserves decreased by 1.6% year-over-year, from $258.00M to $254.00M.
What does structured settlement annuity and life insurance — claim reserves mean?
The amount of money set aside to pay for insurance claims that have already occurred but have not yet been settled.